Kirkland's (KIRK) 10-K 8 Apr 16 2015 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($) $ in Millions	12 Months Ended
	Jan. 30, 2016	Mar. 31, 2016	Jul. 31, 2015
Document And Entity Information [Abstract]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Jan. 30, 2016
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	FY
Trading Symbol	KIRK
Entity Registrant Name	KIRKLAND'S, INC
Entity Central Index Key	1,056,285
Current Fiscal Year End Date	--01-30
Entity Well-known Seasoned Issuer	No
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		15,782,652
Entity Public Float			$ 439

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jan. 30, 2016	Jan. 31, 2015
Current assets:
Cash and cash equivalents	$ 44,352	$ 99,138
Inventories, net	68,222	55,775
Deferred income taxes	3,329	3,538
Prepaid expenses and other current assets	15,206	8,878
Total current assets	131,109	167,329
Property and equipment, net	105,542	90,992
Other assets	1,934	2,166
Total assets	238,585	260,487
Current liabilities:
Accounts payable	28,689	24,705
Income taxes payable	4,863	5,648
Accrued expenses	25,943	27,027
Total current liabilities	59,495	57,380
Deferred rent	48,280	41,995
Non-current deferred income taxes	4,671	4,138
Other liabilities	6,444	5,912
Total liabilities	$ 118,890	$ 109,425
Commitments and contingencies (Note 8)
Shareholders' equity:
Preferred stock, no par value, 10,000,000 shares authorized; no shares issued or outstanding at January 30, 2016, and January 31, 2015
Common stock, no par value, 100,000,000 shares authorized; 15,774,681 and 17,127,875 shares issued and outstanding at January 30, 2016 and January 31, 2015, respectively	$ 162,173	$ 159,015
Accumulated deficit	(42,478)	(7,953)
Total shareholders' equity	119,695	151,062
Total liabilities and shareholders' equity	$ 238,585	$ 260,487

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Jan. 30, 2016	Jan. 31, 2015
Statement of Financial Position [Abstract]
Preferred stock, par value
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	15,774,681	17,127,875
Common stock, shares outstanding	15,774,681	17,127,875

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Jan. 30, 2016	Jan. 31, 2015	Feb. 01, 2014
Income Statement [Abstract]
Net sales	$ 560,813	$ 506,768	$ 459,460
Gift card breakage revenue	994	853	1,103
Total revenue	561,807	507,621	460,563
Cost of sales (exclusive of depreciation as shown below)	343,013	304,724	279,747
Gross profit	218,794	202,897	180,816
Operating expenses:
Compensation and benefits	102,471	94,738	86,620
Other operating expenses	67,950	60,879	54,257
Depreciation	22,182	18,639	15,947
Total operating expenses	192,603	174,256	156,824
Operating income	26,191	28,641	23,992
Interest expense	346	275	274
Interest income	(1)		(12)
Other income, net	(251)	(454)	(229)
Income before income taxes	26,097	28,820	23,959
Income tax expense	9,524	11,006	9,429
Net income	$ 16,573	$ 17,814	$ 14,530
Earnings per share:
Basic	$ 0.97	$ 1.03	$ 0.84
Diluted	$ 0.94	$ 1	$ 0.82
Weighted average shares for basic earnings per share	17,131	17,262	17,207
Effect of dilutive common stock equivalents	438	531	478
Adjusted weighted average shares for diluted earnings per share	17,569	17,793	17,685
Dividends declared per common share outstanding	$ 1.50

Consolidated Statement of Share

Consolidated Statement of Shareholders' Equity - USD ($) $ in Thousands	Total	Common Stock [Member]	Accumulated Deficit [Member]
Beginning Balance at Feb. 02, 2013	$ 117,875	$ 153,369	$ (35,494)
Beginning Balance, shares at Feb. 02, 2013		17,078,092
Employee stock purchases	267	$ 267
Exercise of stock options and employee stock purchases, shares		336,592
Tax benefit from exercise of stock options and vesting of restricted stock	409	$ 409
Net share settlement of stock options and restricted stock	(682)	$ (682)
Net share settlement of stock options and restricted stock, shares		(221,399)
Restricted stock issued	0	$ 0	0
Restricted stock issued, shares		111,000
Stock-based compensation expense	2,830	$ 2,830
Net income	14,530		14,530
Ending Balance at Feb. 01, 2014	135,229	$ 156,193	(20,964)
Ending Balance, shares at Feb. 01, 2014		17,304,285
Employee stock purchases	298	$ 298
Exercise of stock options and employee stock purchases, shares		49,847
Tax benefit from exercise of stock options and vesting of restricted stock	99	$ 99
Net share settlement of stock options and restricted stock	(347)	$ (347)
Net share settlement of stock options and restricted stock, shares		(39,512)
Restricted stock issued	0	$ 0	0
Restricted stock issued, shares		82,000
Stock-based compensation expense	2,772	$ 2,772
Repurchase and retirement of common stock	(4,803)		(4,803)
Repurchase and retirement of common stock, shares		(268,745)
Net income	17,814		17,814
Ending Balance at Jan. 31, 2015	151,062	$ 159,015	(7,953)
Ending Balance, shares at Jan. 31, 2015		17,127,875
Employee stock purchases	354	$ 354
Exercise of stock options and employee stock purchases, shares		494,873
Tax benefit from exercise of stock options and vesting of restricted stock	1,109	$ 1,109
Net share settlement of stock options and restricted stock	(2,029)	$ (2,029)
Net share settlement of stock options and restricted stock, shares		(301,253)
Restricted stock issued	0	$ 0	0
Restricted stock issued, shares		105,864
Stock-based compensation expense	3,773	$ 3,773
Repurchase and retirement of common stock	(25,196)	$ (49)	(25,147)
Repurchase and retirement of common stock, shares		(1,652,678)
Dividends paid	(25,951)		(25,951)
Net income	16,573		16,573
Ending Balance at Jan. 30, 2016	$ 119,695	$ 162,173	$ (42,478)
Ending Balance, shares at Jan. 30, 2016		15,774,681

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Jan. 30, 2016	Jan. 31, 2015	Feb. 01, 2014
Cash flows from operating activities:
Net income	$ 16,573,000	$ 17,814,000	$ 14,530,000
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation of property and equipment	22,182,000	18,639,000	15,947,000
Amortization of landlord construction allowances	(5,260,000)	(5,397,000)	(5,807,000)
Cash received for landlord construction allowances	9,785,000	7,822,000	7,321,000
Amortization of debt issue costs	77,000	77,000	77,000
Loss on disposal of property and equipment	145,000	345,000	176,000
Stock-based compensation expense	3,773,000	2,772,000	2,830,000
Excess tax benefits from exercise of stock options and vesting of restricted stock	(1,109,000)	(99,000)	(409,000)
Deferred income taxes	742,000	40,000	(966,000)
Changes in assets and liabilities:
Inventories, net	(12,447,000)	(3,138,000)	(3,060,000)
Prepaid expenses and other current assets	(3,911,000)	230,000	(223,000)
Other noncurrent assets	155,000	(405,000)	(356,000)
Accounts payable	2,221,000	1,603,000	1,460,000
Income taxes payable	324,000	318,000	5,318,000
Accrued expenses and other current and noncurrent liabilities	(1,209,000)	3,867,000	2,375,000
Net cash provided by operating activities	32,041,000	44,488,000	39,213,000
Cash flows from investing activities:
Capital expenditures	(35,114,000)	(29,647,000)	(17,954,000)
Net cash used in investing activities	(35,114,000)	(29,647,000)	(17,954,000)
Cash flows from financing activities:
Excess tax benefits from exercise of stock options and restricted stock	1,109,000	99,000	409,000
Cash used in net share settlement of stock options and restricted stock	(2,029,000)	(347,000)	(682,000)
Employee stock purchases	354,000	298,000	267,000
Cash dividends paid to stockholders	(25,951,000)	0	0
Repurchase and retirement of common stock	(25,196,000)	(4,803,000)
Net cash used in financing activities	(51,713,000)	(4,753,000)	(6,000)
Cash and cash equivalents:
Net (decrease) increase	(54,786,000)	10,088,000	21,253,000
Beginning of the year	99,138,000	89,050,000	67,797,000
End of the year	44,352,000	99,138,000	89,050,000
Supplemental cash flow information:
Interest paid	192,000	190,000	190,000
Income taxes paid	$ 8,300,000	$ 10,621,000	$ 5,047,000

Description of Business and Sig

Description of Business and Significant Accounting Policies	12 Months Ended
	Jan. 30, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Description of Business and Significant Accounting Policies	Note 1 — Description of Business and Significant Accounting Policies Kirkland’s, Inc. (the “Company”) is a specialty retailer of home décor and gifts in the United States with 376 stores in 35 states as of January 30, 2016. The consolidated financial statements of the Company include the accounts of Kirkland’s, Inc. and its wholly-owned subsidiaries Kirkland’s Stores, Inc., Kirkland’s DC, Inc., Kirkland’s Texas, LLC, and Kirklands.com, LLC. Significant intercompany accounts and transactions have been eliminated. The preparation of the consolidated financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results could differ from the estimates and assumptions used. Changes in estimates are recognized in the period when new information becomes available to management. Areas where the nature of the estimate makes it reasonably possible that actual results could materially differ from amounts estimated include, but are not limited to impairment assessments on long-lived assets, asset retirement obligations, inventory reserves, self-insurance reserves, income tax liabilities, stock-based compensation, employee bonus accruals, gift card breakage, customer loyalty program accruals and contingent liabilities. Fiscal year Cash equivalents Cost of sales and inventory valuation Vendor allowances Property and equipment Cost of internal use software Asset retirement obligations Impairment of long-lived assets Insurance reserves During the fourth quarter of fiscal year 2015, the Company recorded an adjustment related to positive changes in its actuarial estimates for workers’ compensation and general liability reserves. The adjustment in the fourth quarter of fiscal 2015 resulted in a year-over year benefit of approximately $1.1 million ($685,000 after tax), compared to the fourth quarter of fiscal 2014, or $0.04 per diluted share. As of January 30, 2016, the workers’ compensation and general liability reserves totaled $5.2 million, of which $946,000 was reflected as a current liability in accrued expenses and $4.3 million was reflected as a noncurrent liability in other liabilities on the consolidated balance sheet. As of January 31, 2015, the workers’ compensation and general liability reserves totaled $4.4 million, of which $732,000 was reflected as a current liability in accrued expenses and $3.7 million was reflected as a noncurrent liability in other liabilities on the consolidated balance sheet. Customer loyalty program The Company has also established a private-label credit card program for its customers. Customers in the private label credit card program who enroll in K Club are eligible to earn double the points of a regular loyalty program member. The card program is operated and managed by a third-party bank that assumes all credit risk with no recourse to the Company. Deferred rent The Company also receives incentives from landlords in the form of construction allowances. These construction allowances are recorded as deferred rent and amortized as a reduction to rent expense over the lease term. As of January 30, 2016, the unamortized amount of construction allowances totaled $43.4 million, of which $6.9 million was reflected as a current liability in accrued expenses and $36.5 million was reflected as a noncurrent liability in deferred rent on the consolidated balance sheet. As of January 31, 2015, the unamortized amount of construction allowances totaled $38.4 million, of which $6.4 million was reflected as a current liability in accrued expenses and $32.0 million was reflected as a noncurrent liability in deferred rent on the consolidated balance sheet. Revenue recognition Gift card sales are recognized as revenue when tendered for payment. While the Company honors all gift cards presented for payment, the Company determines the likelihood of redemption to be remote for certain gift card balances due to long periods of inactivity. The Company uses the Redemption Recognition Method to account for breakage for unused gift card amounts where breakage is recognized as gift cards are redeemed for the purchase of goods based upon a historical breakage rate. In these circumstances, to the extent the Company determines there is no requirement for remitting card balances to government agencies under unclaimed property laws, such amounts are recognized in the consolidated statement of income as breakage revenue. The Company recognized approximately $994,000, $853,000 and $1.1 million in gift card breakage during fiscal 2015, fiscal 2014 and fiscal 2013, respectively. Compensation and benefits Stock-based compensation Other operating expenses Store preopening expenses Advertising expenses Income taxes The Company provides for uncertain tax positions and the related interest and penalties, if any, based upon management’s assessment of whether a tax benefit is more likely than not to be sustained upon examination by tax authorities. The Company recognizes interest and penalties accrued related to unrecognized tax benefits in income tax expense. To the extent the Company prevails in matters for which a liability for an unrecognized tax benefit is established or is required to pay amounts in excess of the liability, the Company’s effective tax rate in a given financial statement period may be affected. The Company’s income tax returns are subject to audit by local, state and federal authorities; and, the Company is typically engaged in various tax examinations at any given time. Tax contingencies often arise due to uncertainty or differing interpretations of the application of tax rules throughout the various jurisdictions in which the Company operates. The contingencies are influenced by items such as tax audits, changes in tax laws, litigation, appeals and experience with previous similar tax positions. The Company regularly reviews its tax reserves for these items and assesses the adequacy of the amount recorded. The Company evaluates potential exposures associated with its various tax filings by estimating a liability for uncertain tax positions based on a two-step process. The first step is to evaluate the tax position for recognition by determining if the weight of available evidence indicates that it is more likely than not that the position will be sustained on audit, including resolution of related appeals or litigation processes, if any. The second step requires estimation and measurement of the tax benefit as the largest amount that is more than 50% likely to be recognized upon settlement. Sales and use taxes Concentrations of risk Fair value of financial instruments Earnings per share Comprehensive income Operating segments Recently Issued Accounting Pronouncements In November 2015, the FASB issued ASU 2015-17, “Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes”. This update requires that deferred tax liabilities and assets be classified as noncurrent in the consolidated balance sheet. ASU 2015-17 may be applied either prospectively to all deferred tax liabilities and assets or retrospectively to all periods presented. The updated guidance is effective for fiscal years beginning after December 15, 2016, and interim periods within those fiscal years, with early adoption permitted. Upon adoption, the updated guidance will affect the presentation of the deferred tax liabilities and assets within the Company’s Consolidated Balance Sheet; however, the updated guidance will not affect the accounting for deferred tax liabilities and assets. Other than the change in presentation, the Company does not expect that the adoption of this guidance will have a material impact on its consolidated financial statements and related disclosures. In February 2016, the FASB issued ASU 2016-02, “Leases (Topic 842)”, which supersedes the existing guidance for lease accounting, Leases (Topic 840). ASU 2016-02 requires lessees to recognize a lease liability and a right-of-use asset for all leases. Lessor accounting remains largely unchanged. The amendments in this ASU are effective for fiscal years beginning after December 15, 2018 and interim periods within those fiscal years. Early adoption is permitted for all entities. ASU 2016-02 requires a modified retrospective approach for all leases existing at, or entered into after the date of initial adoption, with an option to elect to use certain transition relief. The Company is currently evaluating the impact of this new standard on its consolidated financial statements.

Property and Equipment

Property and Equipment	12 Months Ended
	Jan. 30, 2016
Property, Plant and Equipment [Abstract]
Property and Equipment	Note 2 — Property and Equipment Property and equipment is comprised of the following (in thousands): January 30, 2016 January 31, 2015 Equipment $ 65,579 $ 60,408 Furniture and fixtures 70,908 61,773 Leasehold improvements 97,622 84,044 Projects in progress 5,911 1,234 240,020 207,459 Less: Accumulated depreciation (134,478 ) (116,467 ) $ 105,542 $ 90,992

Accrued Expenses

Accrued Expenses	12 Months Ended
	Jan. 30, 2016
Payables and Accruals [Abstract]
Accrued Expenses	Note 3 — Accrued Expenses Accrued expenses are comprised of the following (in thousands): January 30, 2016 January 31, 2015 Salaries and wages $ 2,084 $ 6,607 Gift cards 8,360 6,965 Sales taxes 2,367 2,100 Deferred rent 8,117 7,460 Workers’ compensation and general liability reserves 946 732 Loyalty reward certificates 1,258 551 Other 2,811 2,612 $ 25,943 $ 27,027

Income Taxes

Income Taxes	12 Months Ended
	Jan. 30, 2016
Income Tax Disclosure [Abstract]
Income Taxes	Note 4 — Income Taxes The Company’s income tax expense is computed based on the federal statutory rates and the state statutory rates, net of related federal benefit. Income tax expense consists of the following (in thousands): 52 Weeks Ended 2016 52 Weeks Ended 2015 52 Weeks Ended 2014 Current Federal $ 8,120 $ 9,299 $ 9,270 State 761 1,668 1,125 Deferred Federal 601 93 (1,091 ) State 42 (54 ) 125 $ 9,524 $ 11,006 $ 9,429 Income tax expense differs from the amount computed by applying the statutory federal income tax rate to pre-tax income. A reconciliation of income tax expense at the statutory federal income tax rate to the amount provided is as follows (in thousands): 52 Weeks Ended January 30, 2016 52 Weeks Ended January 31, 2015 52 Weeks Ended 2014 Tax at federal statutory rate $ 9,134 $ 10,087 $ 8,385 State income taxes (net of federal benefit) 844 1,106 920 Tax credits (506 ) (207 ) (192 ) Other 52 20 316 Income tax expense $ 9,524 $ 11,006 $ 9,429 Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. Significant components of the Company’s deferred tax assets and liabilities are as follows (in thousands): January 30, 2016 January 31, 2015 Deferred tax assets: Accruals $ 3,383 $ 3,761 Inventory valuation 754 436 Deferred rent and other 10,045 9,351 Total deferred tax assets 14,182 13,548 Deferred tax liabilities: Depreciation (14,887 ) (13,589 ) Prepaid assets (637 ) (559 ) Total deferred tax liabilities (15,524 ) (14,148 ) Net deferred tax liabilities $ (1,342 ) $ (600 ) Future utilization of the deferred tax assets is evaluated by the Company and any valuation allowance is adjusted accordingly. At January 30, 2016 and January 31, 2015, there were no valuation allowances against the Company’s deferred tax assets. The Company and one or more of its subsidiaries file income tax returns in the U.S. federal jurisdiction and various state and local jurisdictions. The Company is no longer subject to U.S. federal income tax examinations by authorities for years prior to 2012. With few exceptions, the Company is no longer subject to state and local income tax examinations for years prior to 2009. The Company is engaged in various U.S. federal, state and local income tax examinations for fiscal years 2012 through 2014. A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows: 52 Weeks Ended January 30, 2016 52 Weeks Ended 2015 (In thousands) Balance at the beginning of the year $ 307 $ 307 Additions based on tax positions related to the current year — — Additions for tax positions of prior years — — Reductions for tax positions of prior years — — Reductions due to settlements — — Reductions due to lapse of the statute of limitations — — Balance at the end of the year $ 307 $ 307 Included in the January 30, 2016 balance and January 31, 2015 balance is $307,000 of unrecognized tax benefits that, if recognized, would decrease the Company’s effective tax rate. The Company accrues interest on unrecognized tax benefits as a component of income tax expense. Penalties, if incurred, would be recognized as a component of income tax expense. The Company had approximately $247,000 and $216,500 accrued for the payment of interest and penalties associated with unrecognized tax benefits at January 30, 2016 and January 31, 2015, respectively.

Senior Credit Facility

Senior Credit Facility	12 Months Ended
	Jan. 30, 2016
Debt Disclosure [Abstract]
Senior Credit Facility	Note 5 — Senior Credit Facility On August 19, 2011, the Company entered into an Amended and Restated Credit Agreement (the “Credit Agreement”) with Bank of America, N.A. as administrative agent and collateral agent, and the lenders named therein (the “Lenders”), replacing the Credit Agreement entered into in 2004. The Credit Agreement increased the Company’s senior secured revolving credit facility from $45 million to $50 million and extended the maturity date to August 2016. Borrowings under the facility bear interest at an annual rate equal to LIBOR plus a margin ranging from 175 to 225 basis points with no LIBOR floor. Additionally, a fee of 0.375% per annum is assessed on the unused portion of the facility. Pursuant to the Credit Agreement, borrowings are subject to certain conditions and contain customary events of default, including, without limitation, failure to make payments, a cross-default to certain other debt, breaches of covenants, breaches of representations and warranties, a change in control, certain monetary judgments and bankruptcy and ERISA events. Upon any such event of default, the principal amount of any unpaid loans and all other obligations under the Credit Agreement may be declared immediately due and payable. The maximum availability under the facility is limited by a borrowing base formula which consists of a percentage of eligible inventory and eligible credit card receivables, less reserves. Also on August 19, 2011, the Company entered into an Amended and Restated Security Agreement with its Lenders. Pursuant to the Security Agreement, the Company pledged and granted to the administrative agent, for the benefit of itself and the secured parties specified therein, a lien on and security interest in all of the rights, title and interest in substantially all of the Company’s assets to secure the payment and performance of the obligations under the Credit Agreement. As of January 30, 2016, the Company was in compliance with the covenants in the facility and there were no outstanding borrowings under the credit facility, with approximately $39.9 million available for borrowing. The Credit Agreement was amended subsequent to year end. See “Note 12 — Subsequent Events” for further discussion.

Long-Term Leases

Long-Term Leases	12 Months Ended
	Jan. 30, 2016
Leases [Abstract]
Long-Term Leases	Note 6 — Long-Term Leases The Company leases retail store facilities, corporate office space, warehouse facilities and certain equipment under operating leases with terms ranging up to 15 years and expiring at various dates through 2026. Most of the retail store lease agreements include renewal options and provide for minimum rentals and contingent rentals based on sales performance in excess of specified minimums. Rent expense, including extra charges under operating leases, was approximately $55.7 million, $49.0 million and $44.8 million in fiscal years 2015, 2014 and 2013, respectively. Rent expense includes contingent rent, which is based on individual store sales, of approximately $2.5 million, $3.2 million and $3.7 million, respectively. Future minimum lease payments under all operating leases with initial terms of one year or more are as follows: $66.3 million in 2016; $62.4 million in 2017; $56.4 million in 2018; $53.3 million in 2019; $48.1 million in 2020 and $105.2 million thereafter.

Employee Benefit Plans

Employee Benefit Plans	12 Months Ended
	Jan. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Employee Benefit Plans	Note 7 — Employee Benefit Plans Stock-based compensation On June 4, 2013, the Company adopted the Kirkland’s, Inc. Amended and Restated 2002 Equity Incentive Plan (the “2002 Plan”), replacing the plan adopted in July 2002. The 2002 Plan provides for the award of restricted stock, restricted stock units (“RSUs”), incentive stock options, non-qualified stock options and stock appreciation rights with respect to shares of common stock to employees, directors, consultants and other individuals who perform services for the Company. The 2002 Plan is authorized to provide awards for up to a maximum of 3,500,000 shares of common stock. Options issued to employees under the 2002 Plan have maximum contractual terms of 10 years and generally vest ratably over 3 or 4 years. Restricted stock units granted to employees vest on the third anniversary of the grant date, and are convertible into common stock on the date of vesting. Options issued to non-employee directors vest immediately on the date of the grant. Restricted stock units granted to non-employee directors vest on the first anniversary of the grant date. As of January 30, 2016, options to purchase 1,055,568 shares of common stock were outstanding under the 2002 Plan at exercise prices ranging from $1.11 to $25.52 per share. As of January 30, 2016, there were 225,885 RSUs outstanding under the 2002 Plan with fair value grant prices ranging from $15.79 to $25.52 per share. Shares reserved for future stock-based grants under the 2002 Plan approximated 1,128,087 at January 30, 2016. Stock options As of January 30, 2016, there were 463,194 outstanding in-the-money options. The aggregate intrinsic value of in-the-money options outstanding and options exercisable as of January 30, 2016 were each approximately $1.6 million. The weighted average grant date fair values of options granted during fiscal 2015, fiscal 2014 and fiscal 2013 were $12.06, $9.68 and $9.51, respectively. The intrinsic value of options exercised was $6.1 million in fiscal 2015, $0.2 million in fiscal 2014, and $2.6 million in fiscal 2013. At January 30, 2016, unrecognized stock compensation expense related to the unvested portion of outstanding stock options was approximately $3.1 million, which is expected to be recognized over a weighted average period of 2.1 years. Stock option activity for the year ended January 30, 2016, was as follows: Number of Weighted Average Exercise Price Weighted Average Remaining Contractual Balance at January 31, 2015 1,371,785 $ 12.40 Options granted 187,500 25.52 Options exercised (475,450 ) 10.66 Options forfeited (28,267 ) 19.97 Balance at January 30, 2016 1,055,568 $ 14.51 6.0 Options Exercisable As of: January 30, 2016 724,049 $ 11.52 4.8 The fair value of each option is recorded as compensation expense on a straight-line basis over the applicable vesting period. The Company has estimated the fair value of all stock option awards as of the date of the grant by applying the Black-Scholes option pricing model. The application of this valuation model involves assumptions that are judgmental and highly subjective in the determination of compensation expense. The weighted averages for key assumptions used in determining the fair value of options granted in fiscal years 2015, 2014 and 2013 and a summary of the methodology applied to develop each assumption are as follows: 52 Weeks Ended January 30, 2016 52 Weeks Ended January 31, 2015 52 Weeks Ended 2014 Expected price volatility 0.47 0.53 0.65 Risk-free interest rate 1.80 % 2.10 % 1.46 % Expected life 6.3 years 6.3 years 6.3 years Forfeiture rate 5 % 5 % 5 % Dividend yield 0 % 0 % 0 % Expected price volatility — Risk-free interest rate — Expected life — Forfeiture rate — Dividend yield — Restricted stock units — RSU activity for the year ended January 30, 2016, was as follows: Shares Weighted Average Grant Date Non-vested at January 31, 2015 231,500 $ 15.50 Granted 107,000 25.52 Vested (105,864 ) 13.71 Forfeited (12,170 ) 19.99 Adjusted 5,419 17.25 Non-vested at January 30, 2016 225,885 $ 20.89 Employee stock purchase plan 401(k) savings plan — Deferred compensation plan

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Jan. 30, 2016
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Note 8 — Commitments and Contingencies Financial instruments that potentially subject the Company to concentration of risk are primarily cash and cash equivalents. The Company places its cash and cash equivalents in insured depository institutions and limits the amount of credit exposure to any one institution within the covenant restrictions imposed by the Company’s debt agreements. The Company is involved in various routine legal proceedings incidental to the conduct of its business. The Company believes that any resulting liability from existing legal proceedings, individually or in the aggregate, will not have a material adverse effect on its operations or financial condition.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Jan. 30, 2016
Related Party Transactions [Abstract]
Related Party Transactions	Note 9 — Related Party Transactions In July 2009, the Company entered into a Vendor Agreement with a related party vendor to purchase merchandise inventory. The vendor is considered a related party because its principal owner is the spouse of the Company’s Vice President of Merchandising. The table below sets forth selected results related to this vendor in dollars (in millions) and percentages for the periods indicated: 52 Weeks Ended 2016 52 Weeks Ended 2015 52 Weeks Ended 2014 Related Party Vendor Purchases $ 39.2 $ 29.1 $ 29.7 Purchases as a percent of total merchandise purchases 14.8 % 12.5 % 13.7 % Cost of sales $ 35.2 $ 27.6 $ 29.1 Payable amounts outstanding at fiscal year end $ 2.3 $ 2.1 $ 1.8

Stock Repurchase Program

Stock Repurchase Program	12 Months Ended
	Jan. 30, 2016
Equity [Abstract]
Stock Repurchase Program	Note 10 — Stock Repurchase Program On May 22, 2014, the Company announced that its Board of Directors authorized a stock repurchase plan providing for the purchase in the aggregate of up to $30 million of the Company’s outstanding common stock from time to time until May 2016. As of January 30, 2016, the Company had completed this $30 million share repurchase program and repurchased and retired a total of 1,921,423 shares at a weighted average cost of $15.61 per share.

Quarterly Financial Information

Quarterly Financial Information (Unaudited)	12 Months Ended
	Jan. 30, 2016
Quarterly Financial Information Disclosure [Abstract]
Quarterly Financial Information (Unaudited)	Note 11 — Quarterly Financial Information (Unaudited) Summarized quarterly financial results for fiscal 2015 and fiscal 2014 follow (in thousands, except per share amounts): Fiscal 2015 Quarter Ended May 2, 2015 August 1, 2015 October 31, 2015 January 30, 2016 Total revenue $ 118,310 $ 115,289 $ 129,238 $ 198,970 Gross profit 47,663 42,512 48,101 80,518 Operating income (loss) 4,097 (3,702 ) (932 ) 26,728 Net income (loss) 2,529 (2,288 ) (270 ) 16,602 Earnings (loss) per share: Basic 0.15 (0.13 ) (0.02 ) 0.99 Diluted 0.14 (0.13 ) (0.02 ) 0.97 Fiscal 2014 Quarter Ended May 3, 2014 August 2, 2014 November 1, 2014 January 31, 2015 Total revenue $ 108,255 $ 103,485 $ 117,198 $ 178,683 Gross profit 42,602 37,873 45,752 76,670 Operating income (loss) 3,359 (1,871 ) 1,971 25,182 Net income (loss) 2,055 (1,055 ) 1,260 15,554 Earnings (loss) per share: Basic 0.12 (0.06 ) 0.07 0.91 Diluted 0.12 (0.06 ) 0.07 0.87

Subsequent Events

Subsequent Events	12 Months Ended
	Jan. 30, 2016
Subsequent Events [Abstract]
Subsequent Events	Note 12 — Subsequent Events On February 26, 2016, the Company, entered into a Joinder and First Amendment to Amended and Restated Credit Agreement (the “Amendment”). The Amendment increased the Company’s senior secured revolving credit facility from $50 million to $75 million and extended its maturity date from August 2016 to February 2021. The Credit Facility will bear interest at an annual rate equal to LIBOR plus a margin ranging from 125 to 175 basis points with no LIBOR floor. Pursuant to the Amendment, the fee paid to the lenders on the unused portion of the Credit Facility was reduced from 37.5 basis points to 25 basis points, the swingline availability was increased from $5 million to $10 million, and a $25 million incremental accordion feature was added.

Description of Business and S19

Description of Business and Significant Accounting Policies (Policies)	12 Months Ended
	Jan. 30, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Fiscal Year	Fiscal year
Cash Equivalents	Cash equivalents
Cost of Sales and Inventory Valuation	Cost of sales and inventory valuation
Vendor Allowances	Vendor allowances
Property and Equipment	Property and equipment
Cost of Internal Use Software	Cost of internal use software
Asset Retirement Obligations	Asset retirement obligations
Impairment of Long-Lived Assets	Impairment of long-lived assets
Insurance Reserves	Insurance reserves During the fourth quarter of fiscal year 2015, the Company recorded an adjustment related to positive changes in its actuarial estimates for workers’ compensation and general liability reserves. The adjustment in the fourth quarter of fiscal 2015 resulted in a year-over year benefit of approximately $1.1 million ($685,000 after tax), compared to the fourth quarter of fiscal 2014, or $0.04 per diluted share. As of January 30, 2016, the workers’ compensation and general liability reserves totaled $5.2 million, of which $946,000 was reflected as a current liability in accrued expenses and $4.3 million was reflected as a noncurrent liability in other liabilities on the consolidated balance sheet. As of January 31, 2015, the workers’ compensation and general liability reserves totaled $4.4 million, of which $732,000 was reflected as a current liability in accrued expenses and $3.7 million was reflected as a noncurrent liability in other liabilities on the consolidated balance sheet.
Customer Loyalty Program	Customer loyalty program The Company has also established a private-label credit card program for its customers. Customers in the private label credit card program who enroll in K Club are eligible to earn double the points of a regular loyalty program member. The card program is operated and managed by a third-party bank that assumes all credit risk with no recourse to the Company.
Deferred Rent	Deferred rent The Company also receives incentives from landlords in the form of construction allowances. These construction allowances are recorded as deferred rent and amortized as a reduction to rent expense over the lease term. As of January 30, 2016, the unamortized amount of construction allowances totaled $43.4 million, of which $6.9 million was reflected as a current liability in accrued expenses and $36.5 million was reflected as a noncurrent liability in deferred rent on the consolidated balance sheet. As of January 31, 2015, the unamortized amount of construction allowances totaled $38.4 million, of which $6.4 million was reflected as a current liability in accrued expenses and $32.0 million was reflected as a noncurrent liability in deferred rent on the consolidated balance sheet.
Revenue Recognition	Revenue recognition Gift card sales are recognized as revenue when tendered for payment. While the Company honors all gift cards presented for payment, the Company determines the likelihood of redemption to be remote for certain gift card balances due to long periods of inactivity. The Company uses the Redemption Recognition Method to account for breakage for unused gift card amounts where breakage is recognized as gift cards are redeemed for the purchase of goods based upon a historical breakage rate. In these circumstances, to the extent the Company determines there is no requirement for remitting card balances to government agencies under unclaimed property laws, such amounts are recognized in the consolidated statement of income as breakage revenue. The Company recognized approximately $994,000, $853,000 and $1.1 million in gift card breakage during fiscal 2015, fiscal 2014 and fiscal 2013, respectively.
Compensation and Benefits	Compensation and benefits
Other Operating Expenses	Other operating expenses
Store Preopening Expenses	Store preopening expenses
Advertising Expenses	Advertising expenses
Income Taxes	Income taxes The Company provides for uncertain tax positions and the related interest and penalties, if any, based upon management’s assessment of whether a tax benefit is more likely than not to be sustained upon examination by tax authorities. The Company recognizes interest and penalties accrued related to unrecognized tax benefits in income tax expense. To the extent the Company prevails in matters for which a liability for an unrecognized tax benefit is established or is required to pay amounts in excess of the liability, the Company’s effective tax rate in a given financial statement period may be affected. The Company’s income tax returns are subject to audit by local, state and federal authorities; and, the Company is typically engaged in various tax examinations at any given time. Tax contingencies often arise due to uncertainty or differing interpretations of the application of tax rules throughout the various jurisdictions in which the Company operates. The contingencies are influenced by items such as tax audits, changes in tax laws, litigation, appeals and experience with previous similar tax positions. The Company regularly reviews its tax reserves for these items and assesses the adequacy of the amount recorded. The Company evaluates potential exposures associated with its various tax filings by estimating a liability for uncertain tax positions based on a two-step process. The first step is to evaluate the tax position for recognition by determining if the weight of available evidence indicates that it is more likely than not that the position will be sustained on audit, including resolution of related appeals or litigation processes, if any. The second step requires estimation and measurement of the tax benefit as the largest amount that is more than 50% likely to be recognized upon settlement.
Sales and Use Taxes	Sales and use taxes
Concentrations of Risk	Concentrations of risk
Fair Value of Financial Instruments	Fair value of financial instruments
Earnings Per Share	Earnings per share
Comprehensive Income	Comprehensive income
Operating Segments	Operating segments
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements In November 2015, the FASB issued ASU 2015-17, “Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes”. This update requires that deferred tax liabilities and assets be classified as noncurrent in the consolidated balance sheet. ASU 2015-17 may be applied either prospectively to all deferred tax liabilities and assets or retrospectively to all periods presented. The updated guidance is effective for fiscal years beginning after December 15, 2016, and interim periods within those fiscal years, with early adoption permitted. Upon adoption, the updated guidance will affect the presentation of the deferred tax liabilities and assets within the Company’s Consolidated Balance Sheet; however, the updated guidance will not affect the accounting for deferred tax liabilities and assets. Other than the change in presentation, the Company does not expect that the adoption of this guidance will have a material impact on its consolidated financial statements and related disclosures. In February 2016, the FASB issued ASU 2016-02, “Leases (Topic 842)”, which supersedes the existing guidance for lease accounting, Leases (Topic 840). ASU 2016-02 requires lessees to recognize a lease liability and a right-of-use asset for all leases. Lessor accounting remains largely unchanged. The amendments in this ASU are effective for fiscal years beginning after December 15, 2018 and interim periods within those fiscal years. Early adoption is permitted for all entities. ASU 2016-02 requires a modified retrospective approach for all leases existing at, or entered into after the date of initial adoption, with an option to elect to use certain transition relief. The Company is currently evaluating the impact of this new standard on its consolidated financial statements.
Stock-based Compensation	Stock-based compensation Employee stock purchase plan
Other Postretirement Plans Policy	401(k) savings plan — Deferred compensation plan

Property and Equipment (Tables)

Property and Equipment (Tables)	12 Months Ended
	Jan. 30, 2016
Property, Plant and Equipment [Abstract]
Summary of Property and Equipment	Property and equipment is comprised of the following (in thousands): January 30, 2016 January 31, 2015 Equipment $ 65,579 $ 60,408 Furniture and fixtures 70,908 61,773 Leasehold improvements 97,622 84,044 Projects in progress 5,911 1,234 240,020 207,459 Less: Accumulated depreciation (134,478 ) (116,467 ) $ 105,542 $ 90,992

Accrued Expenses (Tables)

Accrued Expenses (Tables)	12 Months Ended
	Jan. 30, 2016
Payables and Accruals [Abstract]
Summary of Accrued expenses	Accrued expenses are comprised of the following (in thousands): January 30, 2016 January 31, 2015 Salaries and wages $ 2,084 $ 6,607 Gift cards 8,360 6,965 Sales taxes 2,367 2,100 Deferred rent 8,117 7,460 Workers’ compensation and general liability reserves 946 732 Loyalty reward certificates 1,258 551 Other 2,811 2,612 $ 25,943 $ 27,027

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Jan. 30, 2016
Income Tax Disclosure [Abstract]
Summary of Income Tax Expense	Income tax expense consists of the following (in thousands): 52 Weeks Ended 2016 52 Weeks Ended 2015 52 Weeks Ended 2014 Current Federal $ 8,120 $ 9,299 $ 9,270 State 761 1,668 1,125 Deferred Federal 601 93 (1,091 ) State 42 (54 ) 125 $ 9,524 $ 11,006 $ 9,429
Reconciliation of Income Tax Expense at the Statutory Federal Income Tax Rate	A reconciliation of income tax expense at the statutory federal income tax rate to the amount provided is as follows (in thousands): 52 Weeks Ended January 30, 2016 52 Weeks Ended January 31, 2015 52 Weeks Ended 2014 Tax at federal statutory rate $ 9,134 $ 10,087 $ 8,385 State income taxes (net of federal benefit) 844 1,106 920 Tax credits (506 ) (207 ) (192 ) Other 52 20 316 Income tax expense $ 9,524 $ 11,006 $ 9,429
Significant Components of Deferred Tax Assets and Liabilities	Significant components of the Company’s deferred tax assets and liabilities are as follows (in thousands): January 30, 2016 January 31, 2015 Deferred tax assets: Accruals $ 3,383 $ 3,761 Inventory valuation 754 436 Deferred rent and other 10,045 9,351 Total deferred tax assets 14,182 13,548 Deferred tax liabilities: Depreciation (14,887 ) (13,589 ) Prepaid assets (637 ) (559 ) Total deferred tax liabilities (15,524 ) (14,148 ) Net deferred tax liabilities $ (1,342 ) $ (600 )
Reconciliation of the Beginning and Ending Amount of Unrecognized Tax Benefits	A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows: 52 Weeks Ended January 30, 2016 52 Weeks Ended 2015 (In thousands) Balance at the beginning of the year $ 307 $ 307 Additions based on tax positions related to the current year — — Additions for tax positions of prior years — — Reductions for tax positions of prior years — — Reductions due to settlements — — Reductions due to lapse of the statute of limitations — — Balance at the end of the year $ 307 $ 307

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	12 Months Ended
	Jan. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock Option Activity	Stock option activity for the year ended January 30, 2016, was as follows: Number of Weighted Average Exercise Price Weighted Average Remaining Contractual Balance at January 31, 2015 1,371,785 $ 12.40 Options granted 187,500 25.52 Options exercised (475,450 ) 10.66 Options forfeited (28,267 ) 19.97 Balance at January 30, 2016 1,055,568 $ 14.51 6.0 Options Exercisable As of: January 30, 2016 724,049 $ 11.52 4.8
Weighted Average for Key Assumptions Used in Determining the Fair Value of Options Granted and a Summary of the Methodology Applied to Develop Each Assumption	The weighted averages for key assumptions used in determining the fair value of options granted in fiscal years 2015, 2014 and 2013 and a summary of the methodology applied to develop each assumption are as follows: 52 Weeks Ended January 30, 2016 52 Weeks Ended January 31, 2015 52 Weeks Ended 2014 Expected price volatility 0.47 0.53 0.65 Risk-free interest rate 1.80 % 2.10 % 1.46 % Expected life 6.3 years 6.3 years 6.3 years Forfeiture rate 5 % 5 % 5 % Dividend yield 0 % 0 % 0 %
RSU Activity	RSU activity for the year ended January 30, 2016, was as follows: Shares Weighted Average Grant Date Non-vested at January 31, 2015 231,500 $ 15.50 Granted 107,000 25.52 Vested (105,864 ) 13.71 Forfeited (12,170 ) 19.99 Adjusted 5,419 17.25 Non-vested at January 30, 2016 225,885 $ 20.89

Related Party Transactions (Tab

Related Party Transactions (Tables)	12 Months Ended
	Jan. 30, 2016
Related Party Transactions [Abstract]
Selected Results Related to Vendor and Percentages	The table below sets forth selected results related to this vendor in dollars (in millions) and percentages for the periods indicated: 52 Weeks Ended 2016 52 Weeks Ended 2015 52 Weeks Ended 2014 Related Party Vendor Purchases $ 39.2 $ 29.1 $ 29.7 Purchases as a percent of total merchandise purchases 14.8 % 12.5 % 13.7 % Cost of sales $ 35.2 $ 27.6 $ 29.1 Payable amounts outstanding at fiscal year end $ 2.3 $ 2.1 $ 1.8

Quarterly Financial Informati25

Quarterly Financial Information (Unaudited) (Tables)	12 Months Ended
	Jan. 30, 2016
Quarterly Financial Information Disclosure [Abstract]
Summarized Quarterly Financial Results	Summarized quarterly financial results for fiscal 2015 and fiscal 2014 follow (in thousands, except per share amounts): Fiscal 2015 Quarter Ended May 2, 2015 August 1, 2015 October 31, 2015 January 30, 2016 Total revenue $ 118,310 $ 115,289 $ 129,238 $ 198,970 Gross profit 47,663 42,512 48,101 80,518 Operating income (loss) 4,097 (3,702 ) (932 ) 26,728 Net income (loss) 2,529 (2,288 ) (270 ) 16,602 Earnings (loss) per share: Basic 0.15 (0.13 ) (0.02 ) 0.99 Diluted 0.14 (0.13 ) (0.02 ) 0.97 Fiscal 2014 Quarter Ended May 3, 2014 August 2, 2014 November 1, 2014 January 31, 2015 Total revenue $ 108,255 $ 103,485 $ 117,198 $ 178,683 Gross profit 42,602 37,873 45,752 76,670 Operating income (loss) 3,359 (1,871 ) 1,971 25,182 Net income (loss) 2,055 (1,055 ) 1,260 15,554 Earnings (loss) per share: Basic 0.12 (0.06 ) 0.07 0.91 Diluted 0.12 (0.06 ) 0.07 0.87

Description of Business and S26

Description of Business and Significant Accounting Policies - Additional Information (Detail)	3 Months Ended	12 Months Ended
	Jan. 30, 2016USD ($)StoreState$ / shares	Jan. 30, 2016USD ($)StoreStateshares	Jan. 31, 2015USD ($)shares	Feb. 01, 2014USD ($)shares
Nature Of Business And Significant Accounting Policies [Line Items]
Number of home decor and gifts store | Store	376	376
Number of states | State	35	35
Non-cash investing activities incurred		$ 2,600,000
Depreciation of capitalized software		5,300,000	$ 4,000,000	$ 3,000,000
Net book value of capitalized software assets	$ 22,800,000	22,800,000	25,800,000
Capitalized computer software currently under development	2,000,000	2,000,000	20,000
Liability for asset retirement obligations	$ 574,000	574,000	269,000
Workers' Compensation and General Liability Reserve Benefit, Earnings Per Share Diluted | $ / shares	$ 0.04
Workers Compensation and General Liability Reserve Benefit, After Tax	$ 685,000
Workers Compensation and General Liability Reserve Benefit	1,100,000
Workers' compensation and general liability reserve	5,200,000	5,200,000	4,400,000
Part of workers' compensation and general liability reflected as current liability in accrued expenses	946,000	946,000	732,000
Part of workers' compensation and general liability reflects as noncurrent liability in other liabilities	4,300,000	4,300,000	3,700,000
Cumulative net excess of recorded rent expense over lease payments		13,000,000	11,000,000
Part of rent expense over lease payment reflected as current liability in accrued expenses	1,200,000	1,200,000	1,100,000
Part of rent expense over lease payment reflected as noncurrent liability in accrued expenses	11,800,000	11,800,000	9,900,000
Unamortized amount of construction allowances	43,400,000	43,400,000	38,400,000
Part of construction allowance reflects as current liability in accrued expense	6,900,000	6,900,000	6,400,000
Part of construction allowance reflects as noncurrent liability in deferred rent	$ 36,500,000	36,500,000	32,000,000
Gift card breakage		994,000	853,000	1,103,000
Advertising expense		$ 9,600,000	$ 9,300,000	$ 9,300,000
Tax benefit likelihood recognized		50.00%
Stock options not included in the computation of diluted earnings per share | shares		316,000	426,000	439,000
Minimum [Member] | Capitalized Software Costs [Member]
Nature Of Business And Significant Accounting Policies [Line Items]
Range of estimated life of software		3 years
Maximum [Member] | Capitalized Software Costs [Member]
Nature Of Business And Significant Accounting Policies [Line Items]
Range of estimated life of software		10 years
Furniture and Fixtures [Member]
Nature Of Business And Significant Accounting Policies [Line Items]
Estimated useful lives of assets		5 years
Leasehold Improvements [Member] | Minimum [Member]
Nature Of Business And Significant Accounting Policies [Line Items]
Estimated useful lives of assets		5 years
Leasehold Improvements [Member] | Maximum [Member]
Nature Of Business And Significant Accounting Policies [Line Items]
Estimated useful lives of assets		10 years

Property and Equipment - Summar

Property and Equipment - Summary of Property and Equipment (Detail) - USD ($) $ in Thousands	Jan. 30, 2016	Jan. 31, 2015
Property, Plant and Equipment [Line Items]
Property and Equipment, Gross	$ 240,020	$ 207,459
Less: Accumulated depreciation	(134,478)	(116,467)
Property and Equipment, Net	105,542	90,992
Equipment [Member]
Property, Plant and Equipment [Line Items]
Property and Equipment, Gross	65,579	60,408
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Property and Equipment, Gross	70,908	61,773
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Property and Equipment, Gross	97,622	84,044
Projects in Progress [Member]
Property, Plant and Equipment [Line Items]
Property and Equipment, Gross	$ 5,911	$ 1,234

Accrued Expenses - Summary of A

Accrued Expenses - Summary of Accrued Expenses (Detail) - USD ($) $ in Thousands	Jan. 30, 2016	Jan. 31, 2015
Payables and Accruals [Abstract]
Salaries and wages	$ 2,084	$ 6,607
Gift cards	8,360	6,965
Sales taxes	2,367	2,100
Deferred rent	8,117	7,460
Workers' compensation and general liability reserves	946	732
Loyalty reward certificates	1,258	551
Other	2,811	2,612
Accrued expenses net	$ 25,943	$ 27,027

Income Taxes - Summary of Incom

Income Taxes - Summary of Income Tax Expense (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jan. 30, 2016	Jan. 31, 2015	Feb. 01, 2014
Current
Federal	$ 8,120	$ 9,299	$ 9,270
State	761	1,668	1,125
Deferred
Federal	601	93	(1,091)
State	42	(54)	125
Income tax expense	$ 9,524	$ 11,006	$ 9,429

Income Taxes - Reconciliation o

Income Taxes - Reconciliation of Income Tax Expense at the Statutory Federal Income Tax Rate (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jan. 30, 2016	Jan. 31, 2015	Feb. 01, 2014
Income Tax Disclosure [Abstract]
Tax at federal statutory rate	$ 9,134	$ 10,087	$ 8,385
State income taxes (net of federal benefit)	844	1,106	920
Tax credits	(506)	(207)	(192)
Other	52	20	316
Income tax expense	$ 9,524	$ 11,006	$ 9,429

Income Taxes - Significant Comp

Income Taxes - Significant Components of Deferred Tax Assets and Liabilities (Detail) - USD ($) $ in Thousands	Jan. 30, 2016	Jan. 31, 2015
Deferred tax assets:
Accruals	$ 3,383	$ 3,761
Inventory valuation	754	436
Deferred rent and other	10,045	9,351
Total deferred tax assets	14,182	13,548
Deferred tax liabilities:
Depreciation	(14,887)	(13,589)
Prepaid assets	(637)	(559)
Total deferred tax liabilities	(15,524)	(14,148)
Net deferred tax liabilities	$ (1,342)	$ (600)

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($)	12 Months Ended
	Jan. 30, 2016	Jan. 31, 2015
Income Tax [Line Items]
Remaining valuation allowance against the Company's deferred tax assets	$ 0	$ 0
Unrecognized tax benefits	307,000	307,000
Accrued payment of interest and penalties associated with unrecognized tax benefits	$ 247,000	$ 216,500
Minimum [Member]
Income Tax [Line Items]
Income tax examination, year under examination	2,012
Maximum [Member]
Income Tax [Line Items]
Income tax examination, year under examination	2,014

Income Taxes - Reconciliation33

Income Taxes - Reconciliation of Beginning and Ending Amount of Unrecognized Tax Benefits (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jan. 30, 2016	Jan. 31, 2015
Income Tax Disclosure [Abstract]
Balance at the beginning of the year	$ 307	$ 307
Additions based on tax positions related to the current year	0	0
Additions for tax positions of prior years	0	0
Reductions for tax positions of prior years	0	0
Reductions due to settlements	0	0
Reductions due to lapse of the statute of limitations	0	0
Balance at the end of the year	$ 307	$ 307

Senior Credit Facility - Additi

Senior Credit Facility - Additional Information (Detail) - Secured Credit Facility [Member] - USD ($)	Aug. 19, 2011	Jan. 30, 2016
Revolving Credit Facility Before Amendment [Member]
Line of Credit Facility [Line Items]
Line of credit facility maximum borrowing capacity	$ 45,000,000
Revolving Credit Facility [Member]
Line of Credit Facility [Line Items]
Line of credit facility maximum borrowing capacity	$ 50,000,000
Extension of Company's senior secured revolving credit facility		2016-08
Interest rate on borrowings		Borrowings under the facility bear interest at an annual rate equal to LIBOR plus a margin ranging from 175 to 225 basis points with no LIBOR floor. Additionally, a fee of 0.375% per annum is assessed on the unused portion of the facility.
Percentage of fee on unused portion of the facility	0.375%
Outstanding borrowings under the credit facility		$ 0
Available borrowing capacity of line of credit facility		$ 39,900,000
Revolving Credit Facility [Member] | Minimum [Member]
Line of Credit Facility [Line Items]
Interest at an annual rate equal to LIBOR plus a margin range	1.75%
Revolving Credit Facility [Member] | Maximum [Member]
Line of Credit Facility [Line Items]
Interest at an annual rate equal to LIBOR plus a margin range	2.25%

Long-Term Leases - Additional I

Long-Term Leases - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Jan. 30, 2016	Jan. 31, 2015	Feb. 01, 2014
Leases [Abstract]
Maximum term of operating leases	15 years
Operating leases expiration year	2,026
Rent expense, including extra charges under operating leases	$ 55.7	$ 49	$ 44.8
Contingent rental expense	2.5	$ 3.2	$ 3.7
Future minimum lease payments in 2016	66.3
Future minimum lease payments in 2017	62.4
Future minimum lease payments in 2018	56.4
Future minimum lease payments in 2019	53.3
Future minimum lease payments in 2020	48.1
Future minimum lease payments term thereafter	$ 105.2

Share-Based Compensation Arrang

Share-Based Compensation Arrangements - Additional Information (Detail) - USD ($)	Jun. 04, 2013	Jan. 30, 2016	Jan. 30, 2016	Jan. 31, 2015	Feb. 01, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense			$ 3,773,000	$ 2,772,000	$ 2,830,000
Maximum contractual terms	10 years
Options to purchase outstanding common stock		1,055,568	1,055,568	1,371,785
Restricted stock units outstanding		225,885	225,885	231,500
Shares reserved for future stock-based grants		1,128,087	1,128,087
Cash dividends paid on common stock			$ 25,951,000	$ 0	0
Restricted stock units granted			107,000
Restricted stock units, fair value grant prices per share			$ 25.52
Maximum Employee Contribution Percent			6.00%
Percentage of Employee's Contribution Matched by Company			50.00%
Company's matching contributions			$ 521,000	457,000	383,000
Company's additional contributions on behalf of employees			0	0	0
Company's matching contributions			63,000	52,000	62,000
Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total stock-based compensation expense			$ 2,000,000	$ 1,300,000	$ 1,300,000
Options exercise prices, Lower limit			$ 15.79
Options exercise prices, Upper limit			$ 25.52
Expected period to recognize unvested stock options as stock compensation expense			1 year 3 months 18 days
Restricted Stock Units Granted to Directors and Vested on First Anniversary of Grant Date			100.00%
Percentage of Restricted Stock Units Granted to Employees vested on Third Anniversary of Grant date			100.00%
Restricted stock units granted			107,000	97,000	104,000
Restricted stock units, fair value grant prices per share			$ 25.52	$ 18.46	$ 15.79
Unrecognized compensation expense related to RSUs		$ 2,300,000	$ 2,300,000
In Money Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options to purchase outstanding common stock		463,194	463,194
Intrinsic value of in-the-money options outstanding		$ 1,600,000	$ 1,600,000
Aggregate Intrinsic value options exercisable		1,600,000	$ 1,600,000
Weighted average grant, fair values of options granted			$ 12.06	$ 9.68	$ 9.51
Intrinsic value of options exercised			$ 6,100,000	$ 200,000	$ 2,600,000
Unrecognized stock compensation expense		$ 3,100,000	$ 3,100,000
Expected period to recognize unvested stock options as stock compensation expense		2 years 1 month 6 days
Employee Stock Purchase Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum shares of common stock award		500,000	500,000
Payroll deduction of the fair market value			85.00%
Shares of common stock issued			19,423	19,062	19,478
Shares remaining under the original authorization			13,169
Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum shares of common stock award	3,500,000
Options issued to employees, Vested term	4 years
Options exercise prices, Upper limit			$ 25.52
Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options issued to employees, Vested term	3 years
Options exercise prices, Lower limit			$ 1.11
Chief Executive Officer [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share based compensation accelerated expense			$ 600,000

Share-Based Compensation Arra37

Share-Based Compensation Arrangements - Stock Option Activity (Detail)	12 Months Ended
	Jan. 30, 2016$ / sharesshares
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Number of Options, Beginning balance | shares	1,371,785
Number of Options, Options granted | shares	187,500
Number of Options, Options exercised | shares	(475,450)
Number of Options, Options forfeited | shares	(28,267)
Number of Options, Ending balance | shares	1,055,568
Number of Options, Exercisable | shares	724,049
Weighted Average Exercise Price, Beginning balance | $ / shares	$ 12.40
Weighted Average Exercise Price, Options granted | $ / shares	25.52
Weighted Average Exercise Price, Options exercised | $ / shares	10.66
Weighted Average Exercise Price, Options forfeited | $ / shares	19.97
Weighted Average Exercise Price, Ending balance | $ / shares	14.51
Weighted Average Exercise Price, Exercisable | $ / shares	$ 11.52
Weighted Average Remaining Contractual Term (in years), Outstanding	6 years
Weighted Average Remaining Contractual Term (in years), Exercisable	4 years 9 months 18 days

Share-Based Compensation Arra38

Share-Based Compensation Arrangements - Weighted Average for Key Assumptions Used in Determining the Fair Value of Options Granted and a Summary of the Methodology Applied to Develop Each Assumption (Detail)	12 Months Ended
	Jan. 30, 2016	Jan. 31, 2015	Feb. 01, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Expected price volatility	0.47%	0.53%	0.65%
Risk-free interest rate	1.80%	2.10%	1.46%
Expected life	6 years 3 months 18 days	6 years 3 months 18 days	6 years 3 months 18 days
Forfeiture rate	5.00%	5.00%	5.00%
Dividend yield	0.00%	0.00%	0.00%

Share-Based Compensation Arra39

Share-Based Compensation Arrangements - RSU Activity (Detail)	12 Months Ended
	Jan. 30, 2016$ / sharesshares
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Non-vested Shares, Beginning balance | shares	231,500
Shares, Granted | shares	107,000
Shares, Vested | shares	(105,864)
Shares, Forfeited | shares	(12,170)
Shares, Adjusted | shares	5,419
Non-vested Shares, Ending balance | shares	225,885
Weighted Average Grant Date Fair Value, Beginning balance | $ / shares	$ 15.50
Weighted Average Grant Date Fair Value, Granted | $ / shares	25.52
Weighted Average Grant Date Fair Value, Vested | $ / shares	13.71
Weighted Average Grant Date Fair Value, Forfeited | $ / shares	19.99
Weighted Average Grant Date Fair Value, Adjusted | $ / shares	17.25
Weighted Average Grant Date Fair Value, Ending balance | $ / shares	$ 20.89

Related Party Transactions - Se

Related Party Transactions - Selected Results Related to Vendor and Percentages (Detail) - Merchandise Inventory Purchase [Member] - USD ($) $ in Millions	12 Months Ended
	Jan. 30, 2016	Jan. 31, 2015	Feb. 01, 2014
Related Party Transaction [Line Items]
Purchases as a percent of total merchandise purchases	14.80%	12.50%	13.70%
Vendor [Member]
Related Party Transaction [Line Items]
Purchases	$ 39.2	$ 29.1	$ 29.7
Cost of sales	35.2	27.6	29.1
Payable amounts outstanding at fiscal year end	$ 2.3	$ 2.1	$ 1.8

Stock Repurchase Program - Addi

Stock Repurchase Program - Additional Information (Detail) - USD ($)	12 Months Ended		20 Months Ended
	Jan. 30, 2016	Jan. 31, 2015	Jan. 30, 2016	May. 22, 2014
Equity, Class of Treasury Stock [Line Items]
Repurchase and retirement of common stock, shares			1,921,423
Repurchase and retirement of common stock	$ 25,196,000	$ 4,803,000	$ 30,000,000
Weighted average price			$ 15.61
Maximum [Member]
Equity, Class of Treasury Stock [Line Items]
Stock repurchase program, Authorized amount				$ 30,000,000

Quarterly Financial Informati42

Quarterly Financial Information (Unaudited) - Summarized Quarterly Financial Results (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Jan. 30, 2016	Oct. 31, 2015	Aug. 01, 2015	May. 02, 2015	Jan. 31, 2015	Nov. 01, 2014	Aug. 02, 2014	May. 03, 2014	Jan. 30, 2016	Jan. 31, 2015	Feb. 01, 2014
Quarterly Financial Information Disclosure [Abstract]
Total revenue	$ 198,970	$ 129,238	$ 115,289	$ 118,310	$ 178,683	$ 117,198	$ 103,485	$ 108,255	$ 561,807	$ 507,621	$ 460,563
Gross profit	80,518	48,101	42,512	47,663	76,670	45,752	37,873	42,602	218,794	202,897	180,816
Operating income (loss)	26,728	(932)	(3,702)	4,097	25,182	1,971	(1,871)	3,359	26,191	28,641	23,992
Net income (loss)	$ 16,602	$ (270)	$ (2,288)	$ 2,529	$ 15,554	$ 1,260	$ (1,055)	$ 2,055	$ 16,573	$ 17,814	$ 14,530
Earnings (loss) per share:
Basic	$ 0.99	$ (0.02)	$ (0.13)	$ 0.15	$ 0.91	$ 0.07	$ (0.06)	$ 0.12	$ 0.97	$ 1.03	$ 0.84
Diluted	$ 0.97	$ (0.02)	$ (0.13)	$ 0.14	$ 0.87	$ 0.07	$ (0.06)	$ 0.12	$ 0.94	$ 1	$ 0.82

Subsequent Events - Additional

Subsequent Events - Additional Information (Detail) - Subsequent Event [Member]	Feb. 26, 2016USD ($)
Revolving Credit Facility Before Amendment [Member]
Subsequent Event [Line Items]
Line of credit facility maximum borrowing capacity	$ 50,000,000
Percentage of fee on unused portion of the facility	0.375%
Swingline availability	$ 5,000,000
Revolving Credit Facility [Member]
Subsequent Event [Line Items]
Line of credit facility maximum borrowing capacity	$ 75,000,000
Percentage of fee on unused portion of the facility	0.25%
Swingline availability	$ 10,000,000
Incremental accordion feature	$ 25,000,000
Minimum [Member] | Revolving Credit Facility [Member]
Subsequent Event [Line Items]
Interest at an annual rate equal to LIBOR plus a margin range	1.25%
Maximum [Member] | Revolving Credit Facility [Member]
Subsequent Event [Line Items]
Interest at an annual rate equal to LIBOR plus a margin range	1.75%